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QNX Software Systems and Arrow Electronics Ink Distribution AgreementRelationship expands market opportunities for the software platform driving next-generation embedded and M2M products (January 31, 2012)
OTTAWA, ONTARIO -- (Marketwire) -- 01/31/12 -- QNX Software Systems Limited, a leader in software platforms for connected embedded systems, has entered into a distribution agreement with Arrow Electronics, Inc., a global provider of products, services, and solutions to industrial and commercial customers. Under the agreement, the companies will focus initially on the distribution of QNX?? operating system software, development tools, and engineering services to the medical, industrial automation, and general embedded markets in North America.
QNX Software Systems' flagship product, the QNX?? Neutrino?? Realtime Operating System (RTOS), powers a vast array of embedded and Machine-to-Machine (M2M) systems worldwide, including medical devices, Internet routers, wind turbines, nuclear plants, traffic control applications, broadcast automation systems, and railway safety systems. People encounter QNX-controlled systems every day, when they travel, shop, watch TV, use the Internet, or even turn on a light.
"QNX is recognized globally for its highly reliable and flexible software," said David West, vice president of supplier marketing, Arrow Electronics. "Offering best-in-class products and services, QNX Software Systems is a strategic addition to our distribution portfolio, giving our customers access to software driving innovation in a broad range of industries."
"We're pleased to work with Arrow Electronics, whose world-class distribution network and proven track record will help us expand our market opportunities and better align with our joint customers," stated Andrea Blaylock, director, channel strategies, QNX Software Systems. "The new relationship allows our company to focus more closely on new opportunities for strategic business development."
QNX Software Systems is working with Arrow in a variety of joint marketing activities, including webinars, seminars, and training sessions. These activities include Arrow's Machine-to-Machine (M2M) seminar series, which is designed to help companies understand how to incorporate M2M technology into their business strategies.
About QNX Software Systems
QNX Software Systems Limited, a subsidiary of Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM), is a leading vendor of operating systems, development tools, and professional services for connected embedded systems. Global leaders such as Audi, Cisco, General Electric, Lockheed Martin, and Siemens depend on QNX?? technology for vehicle infotainment systems, network routers, medical devices, industrial controllers, security and defense systems, and other mission-critical applications. Founded in 1980, QNX Software Systems Limited is headquartered in Ottawa, Canada; its products are distributed in over 100 countries worldwide. Visit www.qnx.com.
??2012 QNX Software Systems Limited. QNX, QNX CAR, Momentics, Neutrino, Aviage are trademarks of QNX Software Systems Limited, which are registered trademarks and/or used in certain jurisdictions. All other trademarks belong to their respective owners.
QNX Software Systems Limited (QSS) is a subsidiary of Research In Motion Limited (RIM). Forward-looking statements in this news release are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend," "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by QSS in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that QSS believes are appropriate in the circumstances. Many factors could cause QSS's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of RIM's Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on QSS's forward-looking statements. RIM and QSS have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. QSS assumes no obligations or liability and makes no representation, warranty, endorsement, or guarantee in relation to any aspect of any third-party products or services.
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